The Wealth Empire Crossing the Hong Kong

Chapter 194
Maybe Li Jianhui was too independent in Xiangjiang, or maybe Jiayi Group really made TVB feel threatened, especially when the news of Jiashi's frequency expansion came out, it made several other major film and television companies unite, especially the combination of Shaw Brothers and Golden Harvest. It shocked Xiangjiang's entire entertainment circle.

The two rivals, who had been enemies for nearly ten years, formed a strong alliance in order to resist the Golden Princess Alliance. Shaw Brothers and Jiahe Cinemas merged to form Changlong Cinemas.

In addition to the two major shareholders of Shaw Brothers Films and Golden Harvest Films, there are also Hang Lung and Cheung Kong, and Hang Lung is the largest shareholder, while Cheung Kong is the second largest shareholder.

At the same time, ATV and TVB reached a strategic cooperation agreement, whereby artists from both parties can take on each other's plays. TVB, ATV, and Golden Harvest jointly applied to the Xiangjiang government to establish the Xiangjiang Academy of Drama.

Its intention is very obvious, that is to compete with Jiayi's Xiangjiang Film and Television University, and the opponents obviously don't want all talents to be absorbed by Jiayi Group and its allies.

I don't know if Brian and Xos are willing to see such a competition, but the approval was very fast this time.

He also used this to express the government's intention to build Xiangjiang into an Asian film and television entertainment center. The government will cooperate with Xiangjiang Film and Television Company to establish Xiangjiang's own film festival, and Xiangjiang Music Company to jointly establish Xiangjiang's music festival.

In the box on the second floor of Xinhui Hotel, as the actual manager of the Golden Princess Cinemas, he has felt tremendous pressure since the merger of Shaw Brothers Wireless.

Those two did not merge before. After the capital injection of the three companies, the Golden Princess Cinemas has continued to expand, and has reached 28 theaters, far surpassing the 21 theaters of Shaw Brothers and the 17 theaters of Golden Harvest.

As a result, now that the two have merged, the number of Chimelong theaters has directly reached 38, accounting for half of the total number of Xiangjiang theaters. Except for Chimelong and Golden Princess, there are only 10 scattered theaters.

What worries Lei Juekun the most is that besides Jiayi, Xinyicheng, and Yongsheng, other small and medium-sized film companies in Xiangjiang are Chimelong's partners.

Before, it was considered a three-legged rivalry, relying on the support of the three major film companies, the Golden Princess can still occupy a little advantage.

Now that Shaw Brothers Golden Harvest's two major movie theaters have merged, Golden Princess will be crushed directly. At that time, Shaw Brothers Golden Harvest's two major film companies, plus the many small and medium-sized investment companies in Hong Kong, it may be very difficult for Golden Princess to gain an advantage in the future.

It's not that the Golden Princess Cinemas are unwilling to cooperate with small and medium-sized film companies in Xiangjiang. The main reason is that there were fewer theaters before, and the three major film companies produced more movies, so it was difficult to give those companies too many screens and release time.

Golden Harvest Shaw Brothers is different. It is not enough for these two companies to rely on the films produced by their own companies to support the theaters. They can give those small and medium-sized film companies a good time slot and a large number of screens, so that these small and medium-sized film companies like it. Work with these two.

Li Jianhui said with a smile: "Uncle Lei, don't worry too much, it's just the merger of the two theater chains, what's the big deal, we just need to speed up the pace of theater chain expansion.

As for the problem of small and medium-sized film and television companies, as long as our three film companies can continue to release movies that can sell well, there will be no problem.

And in the future, not only the three of us will fight side by side. Xinhui Holdings will establish Xinhui Films, and Haojiang Tourism and Entertainment Company will also enter the Xiangjiang film market. These two companies have capital and strength, and the Golden Princess Cinemas will not be afraid at all. Compete with Chimelong. "

Xiang Huaqiang also said: "Affected by this wave, I heard that Heshenghe intends to enter the film and television industry, and it will also help us at that time. I still don't believe that Chimelong will be able to take us Press down."

Hearing these two pieces of good news, Lei Juekun felt a little less worried. If there were three more film companies, and these three are owners who are not short of money, then the Golden Princess Cinema Line will expand to forty theaters in Xiangjiang , and I don’t worry that the film will not be able to keep up with the release.

Afterwards, the three of them also discussed about the refinancing of the Golden Princess theater chain. Li Jianhui had already helped Golden Princess get the tickets to enter the establishment of theater chains in many countries in Southeast Asia, so they naturally couldn't waste it.

This time Lei Juekun is also preparing to do a big job. This time, the entire theater will directly raise 1.5 million Hong Kong dollars, Li Jianhui will raise 1.5 million Hong Kong dollars, he will raise [-] million Hong Kong dollars, and Yongsheng will raise [-] million Hong Kong dollars.

After this round of financing, Jiayi Group's shareholding increased to 33%, Kowloon Holdings accounted for 35%, Yongsheng accounted for 26%, and several other small shareholders accounted for 6% of the shares.

This fund will focus on the deployment of the five markets of Singapore, Malaysia, Thailand, India and the Philippines, and in order to further raise funds, this year will boost the listing of Golden Princess Cinema Line on the Far East Exchange.

Li Jianhui is rich and powerful now, and he doesn't care about the investment of [-] million Hong Kong dollars at all. Xiang Jia is eager to invest a little more. This is a legitimate business.

Although Lei Juekun's cash flow is not very sufficient, the market value of Kowloon Construction Industry has also been rising all the way due to the favorable conditions of the Hong Kong real estate industry. At present, the total market value is close to one billion Hong Kong dollars, and there is no problem in finding a bank loan.

Once this period of time has passed, when the Golden Princess Cinemas completes this round of expansion and is listed on the Far East Exchange, its value will surely rise again.

Talking about the Xiangjiang Academy of Drama jointly established by TVB and ATV, Li Jianhui said: "In this regard, it is not enough to have a name. When the time comes, the two sides will still have to speak with their strength. I still don't believe that our joint efforts should lose to them.

For the elites of the Film and Television University, each of us will rely on its own ability, and they will be able to join whichever they want, and Jiayi will not restrict them.

If your elites have time in the future, they also hope to go to school to teach these students and teach them more practical experience. "

They are actually not worried about artists, anyway, they can also recruit from Jiayi's artist department, what they care about is screenwriters, directors, etc., the most important talents of a film company are these.

Although they know that the top elites are likely to be recruited into the company by Jiayi in advance, with this university, they can still harvest some elite talents, and maybe they can even find treasures.

Now Xiangjiang film and television entertainment industry is already divided, one is Jiayi Group and its allies, and the other is the joint camp of Wireless ATV Golden Harvest Polygold and others.

The two sides are competing in various aspects such as TV stations, film and television, theaters, music, etc. If there is no special change, I am afraid that the three worlds of film, television and music in Xiangjiang will be in a state of bipolar opposition for a long time.

At present, the Jiayi Alliance is generally at a disadvantage. The three major industries of film and television songs are currently crushed by their opponents, especially in the music industry. is a new star.

Although Jiayi has Li Zongsheng and Luo Dayou, they are more famous in the Mandarin circle, and they really can't compare with those in Xiangjiang.

As for Jiayi's new stars, although they have some strength and fame, they are still far from enough to challenge them.

(End of this chapter)